Chia Farming Already Causing SSDs to Fail at Scale, Storage Device Shortages on the Horizon

[Legacy-ZA]

Not worth it if you ask me.

 

[R-T-B]

Mining is destroying the planet

Not drive mining but it is destroying anything with a write limit.

Not worth it if you ask me.

It's also fear mongering over nothing. Chia is already tanking hard. It will NOT affect storage prices beyond this initial (frankly dumb) brief rush.

 

[EmerilLIVE]

Is it possible to use a RAMDisk to mine Chia? I assume it would solve the issue of writing a disk to death. Maybe it is not cost effective?

 

[Bones]

Is it possible to use a RAMDisk to mine Chia? I assume it would solve the issue of writing a disk to death. Maybe it is not cost effective?

Then your RAM would be taking the hits to the same basic effect.
Even RAM has limits and you can bet it too would be worked to death in short order.

 

[R-T-B]

Is it possible to use a RAMDisk to mine Chia? I assume it would solve the issue of writing a disk to death. Maybe it is not cost effective?

You need like 2TB to be any good. So no point.

Then your RAM would be taking the hits to the same basic effect.
Even RAM has limits and you can bet it too would be worked to death in short order.

Ram doesn't really get impacted by write limits like that. I doubt it would affect it's longevity.

 

[RJARRRPCGP]

Magnetic storage=Sounds like we're headed for an HDD supply shortage, like the Thailand flood of 2011.

 

[kayjay010101]

Is it possible to use a RAMDisk to mine Chia? I assume it would solve the issue of writing a disk to death. Maybe it is not cost effective?

Yes, but the very least you can do is 512GB and run 1 plot which makes no sense. You'd need 1024GB+ to even do any good, and with DDR4, that's north of 10 grand USD. Your ROI would be quite far out. According to chiacalculator.com, assuming a 15% weekly network growth, 30 days of exponential growth and then 150 days of stabilizing growth, with a plotting speed of 1 TiB per day (~10 plots in a day, would require at least 1024GB and a script that staggers plots properly so you maximize the amount of plots running at the same time) you could estimate to have earned $10K by the 15th of November, assuming Chia stays at $1125. That's over 6 months ROI for just the storage/memory, add on the cost of a server capable of running 1TB of DDR4, you're looking more at ROI well into 2022. Oh, and your plots would also need about 200 TiB of HDD storage to sit on, so that's another $5000 assuming $25/TB in just drives + a JBOD solution adding another $500-1500 on top of that...
With DDR3 you could make a case, but you'd need a very beefy server from that era (DL580 G7, for example) to even fit that much memory since DDR3 was limited to 32GB per DIMM, so you'd need 32+ DIMM slots.
The power cost, noise, initial cost (a DL580 g7 used is like $1000+ and the memory is ~$2500) and cooling required makes this an infeasible option unless you get most of the stuff for free since it's so old.
I have seen some people test AWS for this (renting a server in the cloud) but they found it was barely profitable or not profitable depending on the value of Chia. It never seemed like a good idea at least.

It's also fear mongering over nothing. Chia is already tanking hard. It will NOT affect storage prices beyond this initial (frankly dumb) brief rush.

Where do you reckon that? According to coinbase it's almost back to where it launched since it tanked. It was in the $1200 range on the 30th, tanked to $600 over the course of the following week, but now it's back at $1125.
edit: weird phrasing

 

[cyberloner]

mass plot mass bad ssd is good for company to make a better nvme ssd.... the nvme now is lame... superfast speed but write write it dead

 

[Hargema]

A couple of days ago I watched a short YouTube video where a chia miner / farmer bought a new Synology DS2419+ 12 bay NAS (Roughly ~$1500 USD) and twelve WD Red 12TB HDD’s (roughly ~$300 USD each). He opened the HDD shipping box and unboxed the NAS, Then tossed the NAS on top of the open box of HDD’s like he had no idea how delicate mechanical HDD’s can be. That wasn’t the end of it either,... He then proceeded to plunk down the HDD’s one by one on top of the NAS like he was drunk or a toddler.

Hamfisted, would be an understatement.

These people are just trying to cache in and some of them (likely a good deal of them) have little to no understanding of the tools they use (HDD, SSD, GPU) and abuse. It’s all about the Cha-ching.

They're utterly ignorant about the hardware they have in hand, they're in it solely for profit and to hype up something that is wasteful and giving it an inflated virtual value.
They got a special place in hell, their lives are not only worthless, but they're a literal virus on this planet.

 

[Octavean]

They're utterly ignorant about the hardware they have in hand, they're in it solely for profit and to hype up something that is wasteful and giving it an inflated virtual value.
They got a special place in hell, their lives are not only worthless, but they're a literal virus on this planet.

Here is the video for anyone that wants to see it.

In addition to the other bad practices, it’s probably not a good idea to turn on a 12 bay NAS on a rotating platform and then start moving (rotating) the NAS.

 

[R-T-B]

Where do you reckon that? According to coinbase it's almost back to where it launched since it tanked. It was in the $1200 range on the 30th, tanked to $600 over the course of the following week, but now it's back at $1125.

I fully admit my statement has aged like milk.

Hopefully this bull run is brief given how hard it is to mine now.